Example #1 - Mary & John Homeowner

Age:

Mary 73  & John  75

Home value: 

$290,000

Location:

Long Beach, CA

Equity: 

$290,000

Mary & John would receive a lump sum payment or a credit line of $174,923 or monthly income of $1117.


Example #2 - Mike & Jan Spencer

Age: 

Mike 69  & Jan  70

Home value: 

$170,000

Location:

Dallas, TX

Equity:

$170,000

Mike & Jan would receive a lump sum payment or a credit line of $94,372 or monthly income of $583.


Example #3 - Jane Smith

Age:  

Jane 83

Home value:

$100,000

Location:

Oklahoma City, OK

Equity:

$100,000

Jane would receive a lump sum payment or a credit line of $67,341 or monthly income of $540.

WHAT IS A REVERSE MORTGAGE?

Reverse Mortgages allows a senior homeowner (62+) to exchange a portion of the equity in their home for a Tax Free Income. A Mortgage Reverse has NO Monthly Payments required for as long as you live. A Reverse Mortgage Specialist provides Tax Free Cash that can be used for any purpose. With a Reverse Mortgage you retain the Title to your Home. That means with Reverse Mortgages you can sell your Home at Anytime. Mortgage Reverse allows you to receive the Cash in Monthly Payments, A Lump Sum, A Line of Credit, or a Combination of the above. A Reverse Mortgage Specialist does not affect Social Security and Medicare. With a Reverse Mortgage there is No Income, Credit or Health Qualifications.

THE PROCESS OF REVERSE MORTGAGES